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KMTS — Kestra Medical Technologies News Story

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Cardiac monitor maker Kestra's Q2 revenue beats estimates

Overview

Wearable medical device firm's fiscal Q2 revenue rose 53%, beating analyst expectations

Adjusted EBITDA loss for fiscal Q2 beat analyst estimates

Outlook

Kestra increases FY26 revenue guidance to $91 mln, up from $88 mln

Company focuses on expanding commercial organization and wearable defibrillator market

Result Drivers

MARKET EXPANSION - Revenue growth driven by higher market share and WCD market expansion

GROSS MARGIN IMPROVEMENT - Gross margin expanded to 50.6% due to volume leverage and higher in-network patient mix

OPERATIONAL PROGRESS - Progress in commercial expansion and revenue cycle management supported results

Key Details

MetricBeat/MissActualConsensus Estimate
Q2 RevenueBeat$22.57 mln$20.70 mln (6 Analysts)
Q2 EPS-$0.64
Q2 Adjusted EBITDABeat-$19.68 mln-$20.56 mln (6 Analysts)
Q2 Gross Profit$11.42 mln
Q2 Income from Operations-$31.76 mln
Analyst Coverage The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell" The average consensus recommendation for the advanced medical equipment & technology peer group is "buy" Wall Street's median 12-month price target for Kestra Medical Technologies Ltd is $28.00, about 14.2% above its December 10 closing price of $24.52 Press Release: ID:nGNXbdHzb2 For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com. (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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